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1157 Greene Street

Silverton, CO 81433
  • $300,000
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 817113
UPDATED: 31 min ago
$300,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 2,250
    SQFT
  • $133
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1891
County:
Area:

School Ratings & Info

Listing courtesy of Silverton Realty, Inc.: 970-387-8808.


Description

This is a unique opportunity to purchase a well-established and recognized BBQ restaurant in Silverton, CO. "Thee Pitts Again" is the only BBQ restaurant in town, known for its award-winning dishes and even featured by celebrity chef Guy Fieri. The business has been operational since 2010 and has garnered a strong reputation among both locals and tourists. However, it's important to note that the sale includes only the business itself and not the associated real estate. The buyer would need to independently negotiate a lease agreement with the landlord. The landlord has agreed to offer a long-term lease, which is a positive aspect for potential buyers. The listing also mentions that details regarding what is included and excluded in the sale can be provided outside of the MLS (Multiple Listing Service), indicating there may be specific items or assets that are not part of the business sale. This could include equipment, furnishings, or other business-related assets. This is a solid opportunity for someone looking to step into an already successful business in a unique location. Seller financing is an option with 50% down.

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[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2024-09-10T16:56:34.023.
www.destinationdro.com/homes/153699995
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1157 Greene Street Silverton, CO 81433

  • Price: $300,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 31 min ago
  • MLS #: 817113
0
Beds
1
Baths
0
½ Baths
0.06
Acres
2,250
SQFT
$133
$/SQFT
1891
Built
Neighborhood:
Silverton
County:
San Juan
Area:
Silverton
Property Description
This is a unique opportunity to purchase a well-established and recognized BBQ restaurant in Silverton, CO. "Thee Pitts Again" is the only BBQ restaurant in town, known for its award-winning dishes and even featured by celebrity chef Guy Fieri. The business has been operational since 2010 and has garnered a strong reputation among both locals and tourists. However, it's important to note that the sale includes only the business itself and not the associated real estate. The buyer would need to independently negotiate a lease agreement with the landlord. The landlord has agreed to offer a long-term lease, which is a positive aspect for potential buyers. The listing also mentions that details regarding what is included and excluded in the sale can be provided outside of the MLS (Multiple Listing Service), indicating there may be specific items or assets that are not part of the business sale. This could include equipment, furnishings, or other business-related assets. This is a solid opportunity for someone looking to step into an already successful business in a unique location. Seller financing is an option with 50% down.
Exterior Features

Carport No Lot Dimension 25x100 Property Attached No Sewer Public Sewer Installed Stories 2 Water Public Water Well No Waterfront YN No

Interior Features

Finished Sq Ft 2250 Flooring VinylWood Furn Fixt Equip a list will be provided One Quarter Baths 2 Total Offices 0

Property Features

Books Available Yes Cam No Cap Rate Percent 2.5 Covenants NO Current Use Restaurant Enterprise Zone Yes Exchange Trade No Existing Utilities ElectricPropane-Tank Owned Fixtures Included No Inventory Included Yes Lease Included Yes New Construction YN No Owners Association No Possible Property Use Bar/LoungeRestaurant Railroad Siding Spur No Real Estate For Sale No Reo Lender Owned No Tax Year 2023 Total Taxes 5711 Type Business Opp Available Water Rights No Year Started 2010 Zoning Type Commercial

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2024-09-10T16:56:34.023.
 
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Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of Silverton Realty, Inc.: 970-387-8808.